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The company's rapid expansion made it too large for Sanders to manage, so in 1964 he sold the company to a group of investors led by John Y. Brown Jr. and Jack C. Massey. KFC was one of the first fast-food chains to expand internationally, opening outlets in Britain, Mexico, and Jamaica by the mid-1960s.
Serving their signature meal in a paper bucket was to become an iconic feature of the company. [24] By 1963, there were 600 KFC restaurants, making the company the largest fast food operation in the United States. [21] KFC popularized chicken in the fast food industry, diversifying the market by challenging the dominance of the hamburger. [25]
A KFC outlet in Quito, Ecuador; the largest market for the chain in the Caribbean and South America. Map of countries with KFC franchises as of January 2025. KFC is a subsidiary of Yum! Brands, one of the largest restaurant companies in the world. KFC had sales of $23 billion in 2013. [1]
KFC added a popular new promotion called the $5 "Fill Up" meal. Citi Research analysts say the meal has added a major boost to the chain's momentum in the US. The meals include an entree, a drink ...
Louisville-based Yum! Brands has named Scott Mezvinsky as its new KFC CEO, effective March 1. Mezvinsky, 49, a 20-year veteran of the company, who currently serves as President of Taco Bell North ...
“The boss sponsors someone to be promoted and we have a committee with very senior people, including myself, to sift through every single promotion,” Yum China CEO Joey Wat said.
On October 19, 2009, Company president Scott Bergren publicized WingStreet's national launch. [23] An East Dawning test cafeteria-style restaurant was opened in Shanghai in 2004. After initially failing, Yum! Brands chose the KFC business model (KFC is the most successful Western chain in China) and found greater success. [24]
The company generates more revenue per restaurant than any other fast-food chain in the US, according to QSR magazine. Chick-fil-A's average sales per restaurant in 2015 were $3.9 million.